Authorities of the southern province of Dong Nai and a delegation from the Jeollanam province in the Republic of Korea (RoK) on September 5 signed a cooperation agreement on energy industry.
Vice chairman of the Dong Nai People’s Committee Nguyen Hoa Hiep (right) signs cooperation agreement with Jeollanam province's deputy governor Yoon Byung Tae. (Photo: baodongnai.com.vn)
Dong Nai (VNA) – Authorities of thesouthern province of Dong Nai and a delegation from the Jeollanam province in the Republic of Korea (RꦕoK) on September 5 signed a cooperation agreement on energyindustry.
Under the agreement, the two sides will coordinate the development of newrenewable energy, smart grids, information on energy and energy technology, andenergy efficiency. Jeollanam will help Dong Nai trainingexperts and workers while cooperating in electrical energy projects and newenergy industries. According to Vice Chairman of the provincial People’’s Committee Nguyen Hoa Hiep, the RoK is leading the countries andterritories investing in Dong Nai with 395projects and total registered capital of about 6.3 billion USD. RoK firms mainly invest in textiles, footwear, textile fibers,machinery, iron and steel products, and electronics. Hiep also noted that Dong Nai is a province with a developed industry, so the demand for poweris very huge. In 2019, the province is expected to consume about 14billion kWh. Therefore, the development of renewable energysources, new energy as well as deployment of smartelectricity grid is essential. Jeollanam’s deputy governor Yoon Byung Tae assessed that Dong Nai has large renewable energy resources, with many industrial parkssuitable for developing new, renewable and intelligent power networks. Jeollanam is the largest place for researching and applying renewableenergy in RoK, he added. At the signing ceremony, the Korea Electric Power Research Institute alsosigned a contract with Taekwang Vina Industrial Joint Stock Company(located in Bien Hoa 2 Industrial Park) to implement the micro-grid project. This project willhelp the company save a lot of electricity consumption in use and production.-VNA
Vietnam could meet its long-term energy demands by adding renewable energy sources and cutting-edge battery storage technologies to its arsenal of solutions, experts said at a two-day international conference on renewable energy that ended on April 4 in HCM City.
A long-term plan for renewable energy sources such as solar and wind must be devised for Vietnam to realise its goal of connecting the entire country to the national grid, experts have said.
Korean investors are keen to invest in renewable energy due to its potential and the incentives that Vietnam has offered to foreign investors, an HSBC official has said.
Vietnam has set a target of raising renewable energy production from 58 billion kWh in 2015 to 101 billion kWh in 2020, 186 billion kWh in 2030, and 452 billion kWh in 2050.
Deputy Prime Minister Trinh Dinh Dung hosted a reception in Hanoi on August 28 for German Deputy Ambassador to Vietnam Bjorn Koslowski and some businesses from Germany who came to explore investment opportunities in renewable energy.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Vice chairman of the Dong Nai People’s Committee Nguyen Hoa Hiep (right) signs cooperation agreement with Jeollanam province's deputy governor Yoon Byung Tae. (Photo: baodongnai.com.vn) 
